OSI Systems Receives Multimillion Dollar Cargo and Vehicle Inspection Contract Award

HAWTHORNE, Calif.--(BUSINESS WIRE)-- OSI Systems, Inc. (NASDAQ: OSIS), a vertically-integrated provider of specialized electronics and services, today announced that its Security division, Rapiscan Systems, was awarded a multimillion dollar contract from an Eastern European customer in its Eagle® cargo and vehicle inspection product line.

OSI Systems CEO, Deepak Chopra, stated, "We look forward to increasing our installed base of Eagle systems in Eastern Europe, a key growth region that has numerous opportunities for cargo security infrastructure upgrades. Our Eagle CVI product line continues to lead the industry in terms of image quality, throughput and reliability."

Eagle® Cargo and Vehicle Inspection Systems

OSI System's line of Eagle® cargo and vehicle inspection systems are used by customs agencies, military organizations and homeland security worldwide because they provide outstanding image quality and threat detection, while maximizing the operational effectiveness of customers. Eagle cargo and vehicle inspection systems use proprietary transmission X-ray technology which, unlike other inspection technologies, is able to penetrate well beyond the surface of a container or vehicle to provide comprehensive detection of threats.

About OSI Systems, Inc.

OSI Systems, Inc. is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense and aerospace industries. We combine more than 30 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end product markets. For more information on OSI Systems Inc. or any of its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include information regarding the company's expectations, goals or intentions about the future, including the Company's contracts to provide solutions to the Security industry. The actual results may differ materially from those described in or implied by any forward-looking statement.

OSI Systems Inc.
Ajay Vashishat
Vice President, Business Development
310-349-2237
avashishat@osi-systems.com

Source: OSI Systems, Inc.

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